California Rowing Club
Nonprofit profile at a glance
- EIN
- 201685835
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Lafayette, CA, USA
- Phone
- 5108997919
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Olympics
Reported finances
- Revenue
- $1,039,430
- Expenses
- $981,276
- Assets
- $2,186,316
- Liabilities
- $34,912
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- MICHAEL TETI (COACH): $201,750 total reported compensation
- NATHANAEL T KIELT (HEAD COACH): $136,268 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized exclusively for charitable, scientific, literary and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986. The specific purpose for which the corporation is organized includes, but is not limited to, development and support of postgraduate rowing programs with the goal of improving the performance of the united states in world class and olympic rowing competitions.
What it reported doing in 2024
The California rowing club has held ongoing training at the oakland boathouse facility in support of the organization's mission of developing world-class u.s. Rowers.- 20 athletes participated in usrowing's winter speed order- 18 athletes raced at world cup 3 or world rowing olympic qualification regatta (both in lucerne, switzerland)- 15 athletes competed for team USA at the 2024 paris olympics
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 71
- Accountability: 88
- Sustainability: 52
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.8%; rating input score 85
- Program expense ratio: 89.8%; rating input score 90
- Fundraising efficiency: $15.56 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.6%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 2.23; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 34.4%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: -9.1% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -2.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 84.8% of revenue deployed · 89.8% of spending went to programs
- Governance: 2 of 2 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $881K in reported program spending
- Leadership: top reported pay $202K · 4 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Operating margin scored 51/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.